Scenario: Ryan Wants to Rent an Apartment

question 27

Multiple Choice

Scenario: Ryan wants to rent an apartment. The following table shows the monthly rent of five apartments and the number of hours per month it takes to commute to work from each apartment. Ryan's opportunity cost of time is $15 per hour.

-Refer to the scenario above.The total cost per month is the lowest if Ryan chooses to rent Apartment ________.

• A) 1
• B) 2
• C) 3
• D) 4

Understand and apply basic arithmetic operations (addition, subtraction, multiplication, division) in practical situations.

Calculate the total sales and expenses in various business scenarios.

Determine net income and expenditures after deductions.

Solve problems involving rates, such as speed, price per unit, and miles per gallon.